With the EU's MiCA coming into effect and the UK's crypto regulatory framework nearing completion, the European crypto industry might be entering a phase of mergers and consolidations. Strict compliance, capital requirements, customer asset segregation, and operational demands could make it challenging for small and medium-sized crypto companies to independently bear long-term regulatory costs, driving them to merge with traditional financial institutions, be acquired, or collaborate. Sygnum Europe CEO Simon Schneider stated that currently, fewer than 20 banks in Europe provide crypto services, and the market remains severely underserved. As regulatory clarity improves, more assets and businesses may shift toward regulated institutions. (CoinDesk) https://(wublock123.com)/news/european-high-regulatory-barriers-drive-crypto-ma-and-consolidation-65339